MtnMarathoner

LUNA Short term short scalp - 1 hr chart

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MtnMarathoner Atualizado   
KUCOIN:LUNAUSDT   Terra / Tether
Luna had a quick run up to 37.30 where it was rejected previously on the one hour chart. Expect a retrace to previous support levels in the next 12-24 hours, subject to BTC's performance. Volume is up and it's nowhere near ATH, so keep a close watch or tight stops. A closing above 37.75 on the 1 hour would be a strong indication of invalidation.

Targets:

35.8
35.16
34.82
34.15
Comentário:
I would consider this a new entry point. Next resistance is at 38.8 on the 1 hour chart, if that breaks and holds, would invalidate again.
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